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What is PT Calculus Global Ventures Tbk Graham Number?
PT Calculus Global Ventures TbkISX:STAR -2.82%59 Graham Number is Rp92.90 as of Mar. 2026, which is 100% below its 10-year median of 2.65. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp112.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,169 Asset Management companies, PT Calculus Global Ventures Tbk ranks worse than 92.9% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
The historical rank and industry rank for PT Calculus Global Ventures Tbk's Graham Number or its related term are showing as below:
ISX:STAR'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.3 Med: 2.65 Max: 7.76
Current: 2.97
During the past 13 years, the highest Price to Graham Number ratio of PT Calculus Global Ventures Tbk was 7.76. The lowest was 0.30. And the median was 2.65.
ISX:STAR's Price-to-Graham-Number is ranked worse than 92.9% of 1169
companies
in the Asset Management industry
Industry Median: 0.71
vs ISX:STAR: 2.97
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
PT Calculus Global Ventures Tbk (ISX:STAR) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
PT Calculus Global Ventures Tbk's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
276.00
/
92.90
=
2.97
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
PT Calculus Global Ventures Tbk Graham Number Related Terms
PT Calculus Global Ventures Tbk Graham Number Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PT Calculus Global Ventures Tbk Graham Number Chart
ISX:STAR vs BLK, BX, KKR: Graham Number Comparison
For the Asset Management subindustry, PT Calculus Global Ventures Tbk's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PT Calculus Global Ventures Tbk Price-to-Graham-Number vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where PT Calculus Global Ventures Tbk's Price-to-Graham-Number falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PT Calculus Global Ventures Tbk (ISX:STAR) has a Graham Number of Rp92.90 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Calculus Global Ventures Tbk and its competitors. This is 3406% above median its historical median of 2.65. Over the past decade, PT Calculus Global Ventures Tbk's Graham Number has ranged from 0.30 to 7.76. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #1086 out of 1169 companies in the Asset Management industry, placing it in the top 92.9%.
Is PT Calculus Global Ventures Tbk's Graham Number too high?
PT Calculus Global Ventures Tbk's current Graham Number of Rp92.90 is 3406% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 7.76. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #1086 out of 1169 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Graham Number compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #1086 out of 1169 companies for Graham Number. This places PT Calculus Global Ventures Tbk in the lower half of its industry. The industry median Graham Number is 0.71. Historically, PT Calculus Global Ventures Tbk's own Graham Number has ranged from 0.30 to 7.76 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Asset Management company?
The median Graham Number among Asset Management companies is 0.71, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on PT Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median Graham Number is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Graham Number is Rp92.90, which is 3406% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp112.03, compared to a current price of Rp276.00 — trading 146.4% above its estimated fair value. The current Graham Number is Rp92.90, which is 3406% above median its 10-year median of 2.65. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For PT Calculus Global Ventures Tbk (ISX:STAR), the current Graham Number is Rp92.90 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued.
The current stock price of Rp276.00 is trading 146.4% above its estimated GF Value™ of Rp112.03.
GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.
Key valuation signals for ISX:STAR:
Graham Number: Rp92.90 (3406% above median its 10-year median of 2.65)
GF Value™: Rp112.03 vs. price of Rp276.00 (146.4% above fair value)
No single metric tells the full story. See the ISX:STAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Calculus Global Ventures Tbk Business Description
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score
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